Deswell Industries, Inc. (NASDAQ:DSWL) Short Interest Down 85.7% in November

Deswell Industries, Inc. (NASDAQ:DSWL) saw a large decrease in short interest in the month of November. As of November 15th, there was short interest totalling 300 shares, a decrease of 85.7% from the October 31st total of 2,100 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 8,300 shares, the days-to-cover ratio is currently 0.0 days.

Deswell Industries Stock Performance

DSWL traded up $0.03 during trading on Wednesday, reaching $2.67. 4,668 shares of the company’s stock were exchanged, compared to its average volume of 8,417. The company’s fifty day simple moving average is $2.58 and its 200-day simple moving average is $2.48. Deswell Industries has a 1 year low of $2.14 and a 1 year high of $2.88.

Deswell Industries Dividend Announcement

The firm also recently declared a semi-annual dividend, which will be paid on Monday, December 23rd. Shareholders of record on Monday, December 2nd will be issued a $0.10 dividend. This represents a yield of 7.7%. The ex-dividend date of this dividend is Monday, December 2nd.

Deswell Industries Company Profile

Deswell Industries, Inc manufactures and sells injection-molded plastic parts and components, electronic products and subassemblies, and metallic molds and accessory parts for original equipment manufacturers and contract manufacturers in China, the United States, Europe, Hong Kong, the United Kingdom, Canada, and internationally.